Lightpath Technologies (LPTH)

Nasdaq Market Closed

LightPath Technologies Inc is an optical technology company that designs, manufactures, and supplies precision optical components, infrared products, and integrated optical assemblies. Its products are used in applications where controlling, focusing, transmitting, or detecting light is essential, including industrial equipment, defense systems, medical devices, telecommunications, sensing, and instrumentation.

The company is best known for its molded optics capabilities, which allow it to produce precision lenses and related components for visible and infrared wavelengths. Its product portfolio includes visible-light optics, infrared lenses and components, optical assemblies and modules, and engineering services for customers that need customized solutions. LightPath also serves customers seeking alternatives to more expensive or supply-constrained materials in infrared imaging and sensing systems.

LightPath operates in markets where performance, reliability, and manufacturability are important. Customers may use its components in thermal imaging cameras, laser-based systems, machine vision tools, environmental monitoring devices, medical instruments, and communications hardware. In defense and security applications, infrared optics can support surveillance, targeting, and situational awareness technologies.

The company’s business combines standard catalog products with design and engineering work for specialized optical systems. This gives LightPath exposure to both recurring component demand and project-based development activity. Its results can be influenced by industrial spending, defense procurement cycles, customer product launches, and broader demand for sensing and imaging technologies.

For investors, LightPath Technologies represents a small-cap supplier within the photonics and optical components industry. Its distinctive focus is the integration of precision optics expertise with infrared and visible-light product manufacturing for customers that require compact, high-performance optical solutions.

15.62 USD
15.37 USD
−0.46 (-2.86%)
Pre-market

Last updated

Market Cap
980.77M
P/E
P/FCF
P/S
15.62
Enterprise Value
926.48M
Sector
Information Technology
Industry
Semiconductors and Related Devices
Address
2603 CHALLENGER TECH CT, ORLANDO, FL, 32826-2716
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Market Cap
980.77M
Enterprise Value
926.48M
P/E
P/B
11.01
P/S
15.62
EV / EBITDA
-64.98
EV / Sales
14.76
EPS
-0.37
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-10.29M
ROE
-26.33%
ROA
-16.26%
Debt / Equity
0.01
Current Ratio
3.86
Quick Ratio
3.24
Cash
2.57
Avg Volume
4.17M
Fundamentals Snapshot Price
15.62

Income Statement

Line Item 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3
Revenue 19.15M 16.35M 15.06M 12.21M 9.17M
Gross profit 6.96M 6.02M 4.48M 2.69M 2.66M
Operating income -4.25M -8.6M -2.5M -4.62M -3.45M
EBITDA -2.99M -7.36M -302 -3.91M -1.99M
Net income -4.11M -9.41M -2.89M -7.06M -3.58M
Basic EPS -0.07 -0.2 -0.07 -0.17 -0.09
Diluted EPS -0.07 -0.2 -0.07 -0.17 -0.09

Balance Sheet

Line Item 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3
Total assets 144.27M 148.56M 87.26M 81.51M 81.42M
Total liabilities 31.38M 36.39M 31.59M 31.63M 27.34M
Total equity 89.09M 77.94M 55.67M 15.64M 54.09M
Cash & equivalents 55.24M 73.57M 11.51M 4.88M 6.48M
Current assets 83M 97M 35.16M 28.37M 28.08M
Current liabilities 21.53M 24.42M 17.75M 17.1M 12.23M

Cash Flow

Line Item 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3
Operating cash flow -6.8M 2.82M -1.14M -2.65M -3.24M
Investing cash flow -7.9M -867.9K -77.01K 1.08M -20.67M
Financing cash flow -3.69M 59.93M 7.78M -276.01K 27.18M
Change in cash -18.34M 62.07M 6.63M -1.6M 3.28M
Kind Filing Date Link
edgar index 4 — LIGHTPATH TECHNOLOGIES INC View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
edgar index 4 — LIGHTPATH TECHNOLOGIES INC View Filing
edgar index SCHEDULE 13D/A — LIGHTPATH TECHNOLOGIES INC View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
edgar index 8-K — LIGHTPATH TECHNOLOGIES INC View Filing
edgar index 10-Q — LIGHTPATH TECHNOLOGIES INC View Filing
eight k text 8-K — 8-K View Filing
edgar index D — LIGHTPATH TECHNOLOGIES INC View Filing
edgar index 4 — LIGHTPATH TECHNOLOGIES INC View Filing
form 4 Form 4 — Rubin Shmuel View Filing
edgar index 4 — LIGHTPATH TECHNOLOGIES INC View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
edgar index 4 — LIGHTPATH TECHNOLOGIES INC View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
form 4 Form 4 — HAMMER TODD B View Filing
edgar index 144 — LIGHTPATH TECHNOLOGIES INC View Filing
edgar index 144/A — LIGHTPATH TECHNOLOGIES INC View Filing
edgar index 4 — LIGHTPATH TECHNOLOGIES INC View Filing
edgar index SCHEDULE 13D/A — LIGHTPATH TECHNOLOGIES INC View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
form 4 Form 4 — HAMMER TODD B View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I GP, LLC View Filing
form 4 Form 4 — North Run Strategic Opportunities Fund I, LP View Filing
form 4 Form 4 — ELLIS THOMAS B View Filing